In recent years, the manufacturing sector has been swept up in the wave of Industry 4.0, a revolutionary movement that promises to meld physical production and operations with smart digital technology, machine learning, and big data. The goal of this movement is to create a more holistic and better-connected process for industrial companies.
Industry 4.0 has been hailed as the future of manufacturing, offering the potential for significantly increased productivity, efficiency, and flexibility, there’s a growing concern that its implementation is faltering. However, a closer examination suggests that this may be largely because companies have neglected a fundamental principle that has always been at the heart of manufacturing excellence: continuous improvement.
In this episode of The Manufacturing Stream podcast Eric & Phil discuss the shortcomings of industry 4.0 and why organizations need to concentrate on continuous improvement to make 4.0 effective.
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